Chicago — Illinois Tool Works has agreed to pay $450 million for the engineered fasteners and components business of German automotive supplier ZF TRW. The deal is expected to close by the end of June ...
"We are pleased to complete the sale of our engineered fasteners and components business and are confident that ITW will do an excellent job managing this business with their considerable experience ...
ZF TRW, the Active and Passive Safety Division of ZF Friedrichshafen AG, has announced it has entered into a sale agreement for its global Engineered Fasteners and Components business to Illinois Tool ...